BYD is expanding its luxury electric vehicle presence through the Fang Cheng Bao division. The new Formula S series introduces a range of premium electric sedans, including a GT estate and an extended luxury version, all featuring carbon fiber construction to offset battery weight. Alongside the sedans, BYD revealed the Formula X, a two seat electric sports car designed as a technological flagship. While currently design studies, these vehicles signal BYD's move into the high performance luxury EV market.
